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to go back to the negotiations he had with john boehner in the summer, and they've done a lot of work. those guys got pretty close in the summer of 2011. now the president has more leverage. the tea party part of the house republican caucus is in a less powerful position and less fired up. we're pretty far away from the 2010 elections now. john boehner is trying to exercise some kind of power and tell those people that he needs them to stay in line. i think, you know, the tax thing, i keep trying to -- to me it seems obvious what's going to happen. that the bush tax cuts are all going to expire on january 1st. and then they're going to reinstitute the ones for people making under $250,000 a year. republicans will not vote to do a partial thing, right? because they regard that as raising taxes. they won't vote for it. we'll go past january 1st. then when democrats offer to reinstate the tax cuts for those making $250,000 a year, republicans will vote for that. that's another tax cut. it seems to me this solves the republican problem, which is that we won't vote to raise rates. that's h
or to clear another challenge before the supreme court. it is law and even john boehner knows it. >> you had said next year that you would repeal the health care vote. that still your mission? >> i think the election changes that. it is pretty clear that the president was re-elected and obama care is the law of the land. >> that was boehner less than two weeks ago. it was pretty clear that mission repeal obama care had failed. the voters had spoken and obama care as speaker boehner said is the law of the land. republicans weren't super happy about that message. they thought boehner was getting a little squishy, giving up a fight. that election we just had. the one where voters re-elected the obama care guy, the one that had obama in his name, that was but a flesh wound. today boehner wrote an op-ed to the cincinnati inquirer which begins with, quote, president obama has won re-election but as was the case before the election, obama care has to go. if you read on in his op-ed, things get a little strange. boehner went on to share the big plan which is, quote, over the past couple of years i h
are starting to turn away a little bit from speaker john boehner. tom coal rank and file member. is he part of the leadership but from oklahoma and basically said today extend them for the large majority for the middle class and come back and fight it out in january instead of going off the cliff. take a listen. >> everybody's taxes are scheduled to go up. and unless we fix that, paradoxically president obama becomes the defender of the bush tax cut for 98% of the people and he is he no such thing. >> bottom line is both sides are still laying out the same ideas they have been doing for weeks now. today irskin bowls one of the key budget experts says he believes there is a two thirds chance that he wool go off the fiscal cliff. that's not too optimistic tonight, shep. >> shepard: not at all. ed henry live on the north lawn. the president is sending one of his top negotiators to capitol hill tomorrow to meet with congressional leaders from both parties. mike emanuel is live for that part. is he live on the hill tonight. what's the latest on the talks. >> there is always hope for tomorrow tha
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are off to a rocky start with house speaker john boehner writing an editorial saying he thinks the president's health care plan should be on the table. that is certainly something that both sides will go to the mat over, but i think there's a lot of pressure to get a deal done by the first of the year for the reason that you just cited. because if they don't, this will have a big impact according to a lot of economists on the economy and they just don't want to see that happen and bear the brunt of that. >> understandably so. quickly, the president's plans for today are what? is he there in the house behind you or elsewhere? >> reporter: he is in the house behind me. quiet day at the white house with his traditional thanksgiving dinner with the first family. i'm sure there will be all the fixings on the table, turkey, ham, a lot of different types of pies. yesterday president obama bardened a thanksgiving turkey cobbler and alternate gobbler and they went to a local food bank to deliver food there. president obama today delivering his weekly address wishing all americans a happ
john boehner and the senate majority leader harry reid over the weekend. and the president is confident they can work out some sort of agreement. mike emanuel on fox top story live in the d.c. newsroom tonight. mike, it looks like some republicans are changing their tunes. >> shep, republicans say they favor both major spending cuts and additional revenue from tax reform with lower tax rates. the pledge you mentioned is identified with americans for tax reforms grover norquist who has gotten many republicans to promise they won't vote to raise taxes. south carolina senator lindsey graham is pushing back saying capping deductions would help generate revenue. the top republic on the senate budget committee explained graham's position. >> he is conditioning any tax increase on fixing these programs, social security and medicare, particularly in making sure that they are sound for the future. so that's lindsey's position. and he has talked about accepting revenue to accomplish that goal. >> republicans continue saying they don't want to increase tax rates arguing that will hurt job growth.
campaign funds to buy jewelry for a mysteries and remodel his house. in a letter to speaker john boehner he said i am aware of the on going federal investigation into my activities. i am doing my best to cooperate with the investigators and accept responsibility for my mistakes. they are mine and mine alone. none of us isee tune from our share of short come eupblgs or human frai hume trail tees. gregg: explain what happens to his seat. >> reporter: we expect to have a date for a special election in four days. pat quinn will make sure th the election is fair and as economical as possible for the taxpayers who have to foot the bill. that being to you. gregg: thanks very much. ainsley: back to the breaking developments an on benghazi. ambassador susan rice breaking her ten-week silence and defending her actions. when she said the attacks came from and anti-muslim film. >> i relied solely and scare leon the information provided to me by the intelligence community. i made clear that the information was preliminary, and that our investigations would give us th the definitive answers. ainsley: joi
. house speaker john boehner sending an ultimatum to the president saying his healthcare plan has to be on the table as congress works to avoid a fiscal cliff. >> a new report of the death of usama bin laden reveals shadowy details of the at-sea burial of the world's most wanted terrorist. a cloud hanging over excited shoppers on black friday as workers at the nation's largest retailer get ready for a possible walkout on the busiest shopping day of the year. heather: we can see groups of walmart employees demanding higher pay and better benefits and urging employees to walk out if the demand are not met. with the national labor relations board holding off on a ruling until after thanksgiving, it looks like thousands of shoppers could see serious disruptions. james rosen live for us in our d.c. bureau. >> reporter: heather and rick, happy thanksgiving to you it's an unusual situation when walmart seeks protection from the national labor relations board. that agency was only handed this case last friday. federal investigators have been deposing witnesses and reviewing documents in a
speaker john boehner and has said he's willing to put almost anything on the table except social security. he wants to deal with that separately next year, but republicans want all entitlements included in talks. they want the president to make the first move with an initial proposal. and the white house says it has not received a realistic proposal from republicans that would raise the kind of revenue president obama is seeking. >> susan mcginnis in washington this morning. thank you so much. >>> amid sky high approval ratings in the wake of superstorm sandy, new jersey governor chris christie said he will be seeking re-election next year. he said the preliminary damage from sandy is nearly $30 million. christie says he's in it for the long haul to help jersey recover. >>> coming up on the morning news, click and shop. cyber monday rings up record sales on what's expected to be the busiest online shopping day of the year. this is the morning news. [ female announcer ] born from the naturally sweet monk fruit, something this delicious could only come from nature. now from the maker of spl
and top republicans including house speaker john boehner are accelerating. but the white house must contend with members of his own party who are pushing back against proposals that significantly reshape entitlement programs like medicare and social security. white house press secretary jay carney said yesterday the president is open to compromise and should republicans make a realistic proposal on taxes, they will meet them halfway. >> math tells us that you can't get the kind of balanced approach that you need without having rates be part of the equation. we haven't seen a proposal that achieves that, a realistic proposal, that achieves that. the reality is, closing loopholes and ending deductions as an alternative to raising rates on the top earners, top 2%, those making over $250,000, sounds good, but you have to look at the actual contents of those proposals. >>> and a new poll shows the majority of americans do want compromise in order to avoid the fiscal cliff. 67% say a deal should be a combination of spending cuts and tax increases. and if no deal is reached by the end of t
the debt limit unless forced to by john boehner. >> and by the way, john boehner is talking about having to get the majority of a majority on tax issues. he's not going to get a majority of majority on debt raising. >> much harder on the debt ceiling than taxes. >> that's what i'm saying. i refuse to vote to raise a debt ceiling when they were trying to raise it to $5 trillion. it's something you don't do unless you get a lot of cuts on the other side. >> and it's not a game. because if you don't raise it, we saw what happened last time, you can get your debt downgraded and has real economic consequenc consequences. and that's why when people think about the fiscal cliff, we all assume that sane minds will prevail and they'll come up with some deal. there's no guarantee that sane minds will prevail. and recent history would suggest that sanity almost never prevails in washington. so you can assume it's going to be more difficult than we think. you can assume that the bush tax cuts might all go away for a short period of time. and you cannot assume they just raise the debt limit. you cann
that there is a war going on, not just in the democratic party, but the republican perhaps much more intense. john boehner is trying to work a deal with the president to do tax reform and entitlement reform and his deputy, the majority leader, calls people like paul ryan, who is now running for vice president. .. >> if you keep doing this, you are going to risk your speakership. the president said when i talked to him, interestingly enough, he said in fixing -- he realizes the magnitude of all of this, as does speaker boehner, key democrats, key republicans realize what it is. and the president literally said to me, i would willingly lose an election if i could solve these problems. it is that serious. tim geithner, the treasury secretary, in the book is quoted thousands of words telling the president, you have got to do something about this problem. we have to fix it. you literally, it's not that we're going to close down the government, we will close down the american economy and, in turn, the global economy. if they do not solve the issue of this runaway spending, get some way to stop borrowing
submitted today to house speaker john boehner's office. but he also wrote, quoting here: i am aware of the ongoing federal investigation into my activities and i am doing my best to address the situation sonsably, cooperate with the investigators and accept responsibility for my mistakes for they are my mistakes and mine alone. mike tobin is live for us in chicago with more. mike, did this come as a shock to anyone? >> no. for the reasons you just mentioned, no one was surprised that the congressman stepped down. in fact it was a question of when it would happen. however, fellow politicians and friends here in chicago were quick to jump to the congressman's defense and say his resignation is not an admission of guilt. >> he hasn't been indicted. he hasn't been charged. he hasn't been convicted of any law -- breach of the law, none at all. all right. some would argue that if he really wanted to cut a deal, you stay in congress and negotiate from a position of power. some would argue that. >> the most prominent allegations reported against jackson are that he skimmed campaign cash to
's been suffering from bipolar disorder and dedepression. he did submit his resignation letter to john boehner. he talked about his health and his accomplishments and also talked about the investigation that's ongoing looking into the possible misuse of campaign funds. they are my mistakes and mine alo alone. that part is interesting because sandy jackson, his wife, is an alder person here in chicago. according to the wall street journal she is involved in this i think ve investigation. she's been talked about as a possible replacement. we haven't heard from jesse jackson jr. or senior on this. >> i just find it's so painful at this point for me not only to know that he won't be in the congress but to know that he's still struggling with a serious, very serious mental health issue. >> ted, is this an indicator this is the end of jackson's political career? >> reporter: well, i would think so when you look at the totality of all that's happened to him in the last six, eight months. when you have the mental health sur issues, let's say he gets that under control, he still has this invest
increases. john boehner will likely make the final decisions on what the team decides in terms of the deal. >> thank you so much. >> it is time now to take a look at who is talking and thousands taking the streets in cairo after mohammed morsi taking total control of the country and won't answer to the branch of government. they are afraid the latest power grab will lead egypt away from democracy and back into a dictatorship and possibly all of the way to shirea law. >> nonislamist egyptian activist mohammed el baradei is calling on the united states to condemn morsi. i am hoping to see a strong statement of condemnation by the u.s., by europe and everybody who really cares about human dignity. democrat and chairman of the senate committee of armed services carl levin says america needs to play the middle. >> i think we have to be cautious. we doesn't want to see a democratically elected auto krat take the place of an unelected dictator which is the case before that. on the other hand there are real pluses here. >> they will push the white house to take a side. they need to condemn morsi a
it to this year. now we lead up to this moment. last february, john boehner speaker of the house sent a leletter saying this fiscal cliff is bad for the economy. let's work together now. president obama says no than thanks. this killed me. nothing changed since december of 2010. president obama talked about losing in the midterms and said the worst thing we can do is high inemployment and slow economic growth is raise taxes on anybody so support me in extension of the bush tax cu cuts. nothing has changed about the economy now but the economic growth projections are worse. this is not a great way to make good policy. >> kimberly: that is their campaign slogan. they don't make concessions. they have to do something serious about cutting back on spending. coming back in with the entitlement. without that, it won't make a difference if they raise taxe taxes. taking out the bush tax cuts won'tbe make it go away. >> eric: the food stamp recipients. the latest number. $47 million. more than alabama, connecticut, delaware. minnesota, nebraska. nevada. new hampshire. new mexico. north dakota, oklahoma,
john boehner. they are protesting cuts in healthcare they say but shows how any kind of spend wiing cut are nearly impossible these days and they are warming for the president's call to raise tax revenue. many democrats are emboldened since the election refusing to talk about any specific cuts to federal spending. >>> president obama and democrats ran on a promise of bush tax rates. president obama didn't hide that last year of the campaign every place he went that's what he talked about. americans when they voted raised their voices and supported our pledge congress acted in accordance with the will of the people. >>> there's a debate of how to raise taxes. if government spending isn't paired back in some way republicans may not fine off on a deal. >> oo we already know the president is a good campaigner. we congratulate him on his reelection. what we don't know is whether he has the leadership qualities to lead his party to a bipartisan agreement on big issues like we currently face. >>> big issues include things like medicare and medicaid. will those be part of a final we will see. t
strategy, gladly paying you tuesday for a hamburger today. house speaker john boehner insists the republicans are willing to work with the mt. offering the tax revenues if significant spending cuts are part of the deal. is social security on table? should it be? we hear from the experts tonight. -up ambassador -- u.n. ambassador susan rice met on a charm offensive to explain comments after the libya terror attack, where she blamed the non-existent demonstration sparked by anti-islam video. "special report" from washington starts at 6:00 eastern. now back to new york and my kriegs with "the five." ♪ ♪ ♪ ♪ >> brian: i'm going with eric to pick my own music. [ laughter ] power ball hysteria is in full force today with hours to go before tonight's historic drawing. tonight could be your night. $4,550,000,000 up for -- $500 million up for grabs. second in lotto history. some times thing turn bad for winners, most of the time. there is a so-called lottery murder in tampa, florida. that's one you turned bad. the story has abraham shakespeare. $30 million lottery in 2006. kill
a sense of urgency. >> they may not agree on details but house speaker john boehner and house minority leader agree on one thing. failure is not on the table. >> going over fiscal cliff will hurt our economy. >> boehner said republicans are committed to a compromise. >> rinz are willing to put revenue on the table. >> so hard ball politics were left to house majority leador eric cantor complaining the white house hasn't come to the table with concession autos we have not seen any good faith efforts on the part of this administration to talk about the real problem. we're trying to fix. tomorrow, round two. abc news, washington. >> president ob dwraum -- obama will meet for a private lunch with mitt romney. the president promised to meet with his rival and that he would consider romney's ideas. romney commented he believed the president won because of so called gifts he gave to hispanics, blacks and young voters. we'll see how the meeting go autos one thing you can do to give your cholesterol lowering drugs a boost. >> a woman finds success on the internet spoofing popular videos and how
, though, is that president obama did reach out to house speaker john boehner. he is the republican, the senate majority leader harry reid the democrat over the weekend, perhaps to try to jump-start the talks. as of now, as the house of representatives comes back today, as the senate came back yesterday, we're still very much in limbo on the fiscal cliff. >> here's something else we know. some major republicans have come out and they say that they don't feel bound by the americans for tax reform pledge. most recently we saw house majority leader eric cantor. do you believe more republicans will stick by this? >> what we're finding out right now zoraida is that there's a little bit of coming to jesus moment about how to fix the fiscal cliff. for republicans perhaps it is going to be higher taxes. for democrats there's going to have to be some changes to entitlement reform. but grover norquist has been really the person pushing this no tax pledge, has been on our airwaves. he's been talking a lot about it. let's hear what he had to say about republicans who might break the pledge. >>
not to raise taxes. plus, house majority leader john boehner sounding more and more like republicans won't be easily won over during tax talks. the mering fiscal cliff next. >>> and it was a normal thanksgiving morning until this multi-car wreck. how some 100 cars collided in texas. >> it was just a kmpl seconds, chain reaction. crazy. flashed right before my eyes. i don't spend money on gasoline. i am probably going to the gas station about once a month. last time i was at a gas station was about...i would say... two months ago. i very rarely put gas in my chevy volt. i go to the gas station such a small amount that i forget how to put gas in my car. [ male announcer ] and it's not just these owners giving the volt high praise. volt received the j.d. power and associates appeal award two years in a row. ♪ throughout our lives. one a day men's 50+ is a complete multi-vitamin designed for men's health concerns as we age. it has more of 7 antioxidants to support cell health. one a day men's 50+. >>> a lot of people in texas say they are lucky to be alive today. that's after this massive
this really is taxmaggedon. >> you heard it there, maria. house speaker john boehner says that he wants obama care on the table in this fiscal cliff negotiation. the president has said he's willing to thereon any good ideas. i'm not sure if he's going to think this is a good idea. you think he might listen to this one? >> i think he'll listen, but i think at the end of the day, it's going to be what are in the details. i think what we need to remember, what came out of this election, the clear mandate of this election was two things. number one, for our leaders to come together in a bipartisan manner to put everything on the table, to find real solutions. number two, that the majority of americans agreed with president obama's vision of one of the ways to fix the fiscal cliff had to be to put new revees and to raise the tax rates of the wealthiest americans. president obama won eight out of the ten wealthiest counties in this country in this election, randi, which means even the wealthiest understand they have to put some skin in the game. so i think that going into this, i applaud senator ch
to actually bring a vote up to in the senate. i believe that john boehner is ready to work with them. address the higher immigration immigrants. we need engineers and doctors in this country. right now our policy is shipping here to be educated and then back home. >> heather: and they did make it clear after the election they were ready to get serious about overhauling the nation's immigration system, republicans, that is, and top priority for hispanics. so is taking up the stems jobs act in the lame duck session a first step in that direction. >> if you remember the great movie what about bob? the way to successfully rehabilitated go yourself was baby steps. what this congress and this president i believe need to do is taking baby steps together. i think the stem act is something that most people in congress and most people in the country agree on. i hope they can come together to get this done. >> heather: do you think they will come together and that part of immigration reform a small step will pass? >> i think they have to come together. whether you piecemeal it or do an overhaul. you can
. and that would not be good, but speaker of the house, john boehner along with mitch mcconnell represents republicans at the negotiating table, says he's open to finding the federal government more ways it take in money. >> to show our seriousness, we'll put revenue on the table as long as it's accompanied by significant spending cuts. and while we're going to continue to have revenue on the table. for my colleagues to show the american people that we're serious about cutting spending and solving our fiscal dilemma. but, just because speaker boehner says he backs new revenue doesn't mean we should expect him to suddenly support a big tax increase for the wealthiest americans. >> president obama wants to let the bush era tax cuts expire, so, the top marginal tax rate would rise from 35% to 39.6% and that's going to be a major sticking point in the next month or so, but a month might be all it takes to make a deal because the senate majority leader harry reid seems to think that something can be done by mid december. >> we have a cornerstone of being able to work something out. we're both g
's stupid. >> john boehner said no rates are going up two weeks ago. >> so the other one is total gridlock, which looks possible at this point. >> then you get a fiscal cliff scenario. that's when those cuts actually kick in and there is no other way to say it. it will be pretty bad. you'll get tax increases and budget cuts. some fiscal conservatives would say that's the economy, which is only growing at 2%, would take such a jolt. i think the markets could do down below 10,000. >> your third scenario would be a grand bargain. what would that look like and would this be good for obama's legacy? >> it would be great for his legacy. he believes his legacy is about fairness. one of the things he has run on, follow him economically, i'm very concerned about it, is this notion of tax fairness. that the rich have gotten richness while the poor have gotten poorer. there are statistics that back that up. but he doesn't really take into account the economic impact of raising those upper rates. it's more than upper rates that he wants to raise, it's taxes on dividends, capital gains to pay for obam
senator mitch mcconnell and speaker john boehner, they all spoke with the president, over the weekend by phone, about the fiscal cliff. here's what jay carney said. >> forecast to be done, work is continuing to take place, the president spoke with both senator reid and speaker boehner over the weekend as you noted. he'll continue to have outreach with -- as he promised he would with various stake holders, business leaders and others this week. as well as conversations that are ongoing between his staff and folks on the hill. that will continue. we hope to see progress. >> and meeting with the leaders? >> i don't have any scheduling updates, but you stole my thunder a little bit, but, yeah, he spoke with speaker boehner and senator reid over the weekend and, you know, he will meet with them at the appropriate time as well as obviously nancy pelosi and mitch mcconnell. so, you know, the process that he began is continuing. we continue to be optimistic that a balanced approach is achievable. >> again, jay carney there moments ago speaking at the white house daily briefing. and if this fi
% of americans. >> house republican speaker john boehner says the gop is looking for a deal that cuts spending and closes tax loopholes and some deductions rather than raising tax rates. back to you guys in new york. >> steve: all right. north lawn of the white house, thank you. >> gretchen: see how we all got the blue memo? we all look so nice together. she had on a blue scarf. >> brian: the question is, what is laura ingraham wearing. >> steve: i know one way to find out. >> gretchen: oh, yellow. hail to sweden. >> steve: how are you? >> hey, guys. nice to see you. >> steve: what did you make of this, the white house is saying unless the republicans roll over and do everything that the white house wants with this fiscal cliff at the conclusion of the year, you mean old republicans will ruin christmas economically for the country? >> yeah. it's the gop who stole christmas. who is going to be narrating this? who will play the dog with the fake antlers? it seems we've seen this special before. the sky is always falling when president obama wants to cram down legislation or initiatives without r
. here's john boehner's pledge signed 20 years ago. >> reporter: if somebody signed this, 10, 18, 20 years ago are they still bound by it? >> now when you got married, did your wife understand there was an expiration date on the promise? when you borrowed money for your house, did they extend -- oh, geez, that mortgage? that was ten years ago. you're still asking me for money? if you make a commitment, you make a commitment. >> reporter: the pledge is the biggest obstacle to any deal that would raise taxes. with a budget crisis on the horizon and re-elected president insisting on tax increases, some republicans are thinking the unthinkable. ditching the pledge. >> i will violate the pledge, long story short, for the good of the country. >> i am not obligated on the pledge. >> the world has changed and the economic situation is different. >> reporter: and while virtually every republican in the past signed it, nearly a third of the newly elected house republicans refused to sign it this time. republicans ditching the pledge could be a big step toward a deal with the president. and on
. plus protesters showed up naked, look at that. that's house speaker john boehner's office. they were demanding on a serious front demanding funding to fight aids. >> oh, my goodness. >> seven of them will be joining us, fully clothed i'm hoping, to talk about what sparked their protest, what they're hoping to gain, plus she sold 100 million records in a decade. a career that spanned five decades, dionne warwick is our guest. going to talk about her new album, my father is in love with dionne warwick so he'll be all excited about that. much more coming up this morning on "starting point." >> did you invite your father in? >> he can watch it on tv. of course. >> we'll be getting up -- >> oh, my gosh, soledad. thanks. >> you bet. >> black ice and snow causing some trouble after yesterday's storm in the northeast. now, new storm's rolling into the northwest this morning. alexandra steele with the extreme weather center where -- putting the extreme in extreme weather. >> it looked pretty yesterday for a minute. >> oh, i bet. six inches in portions of new jersey. so we've got two things ha
. >> the president and jrn john boehner, hopefully will get it done. >>> i'll ask kevin mccarthy, the majority whip, how far his party will go on raising taxes, limiting deductions, cutting spending to make a deal to avoid the fiscal cliff. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. [ male announcer ] can a car be built around a state of mind? ♪ announcing the all-new 2013 malibu from chevrolet. ♪ with a remarkable new interior featuring the available chevrolet mylink infotainment system. this is where sophisticated styling begins. and where it ends? that's up to you. it's here -- the greatest malibu ever. ♪ part of a whole new line of tablets from dell. it's changing the conversation. ♪ can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. >>> let's get straight to our "strategy session." joining us are two cnn contributors, don
? and so if right now the question is how do you do that? well, john boehner went to the white house ten days ago and said, hey, republicans in the house are willing to 0 put revenues on the table. that was a big move, right? and we said we are going to do that in the name of trying to fix the problem to respond to the electorate that re-elected this president, but at the same time we say we weren't elected to raise taxes. we want to help people get back it to work. >> so is it safe to say there might be a scenario in which that pledge would not apply or would be put to the side for compromise? >> you know, mika, i haven't talked to grover norquist so i don't know what he wants to do with his pledge. what i know is the constituents that i represent and i believe most american people want to see, number one, more jobs created. and let me tell you a story that i think is relevant to this question. i was in montana during the campaign and i met a gentleman who had taken a job as a cook at an airport restaurant. and he told me, please fix this problem because i want to get back to my profess
meeting with paul ryan. before the president's comments, house speaker john boehner and other republicans met with reporters saying they're willing to consider new sources of revenue as a solution to avoiding the fiscal cliff but will not consider raising marginal tax rates. this is about 10 minutes. >> good morning, everyone. in going over the fiscal cliff -- going over the fiscal cliff will hurt our economy and hurt job creation in our country. republicans are committed to continuing to work with the president to come to an agreement to avert the so-called fiscal cliff. it's one reason why we believe that we put revenue on the table, as long as it's accompanied by serious spending cuts to avert this crisis. we believe that this fits the president's request for a balanced approach to this issue. and we're going to continue to work with the president to try to resolve this in a way that is fair for the american people. we all know that we've had the spending crisis coming at us like a fraggete train. and it has to be dealt with. and in order to try to come to an agreement, republicans are
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